Page 599 - MOET PR REPORT- SEPTEMBER 2025

9/12/25, 5:14 PM UAE hotel revenues hit $7bn in H1 2025: Report
Al Khaimah, scheduled to open in 2027. The project will include 1,530 rooms and suites, dining and
entertainment venues, and what is expected to be the Gulf’s first legal casino.

The resort, Wynn’s tallest development globally, will also feature a marina designed for luxury yachts,
created in partnership with IGY Marinas and Marina Solutions International. The facility will feature

101 berths, concierge services, and advanced docking systems to cater to high-net-worth individuals.

Land earmarked for second integrated

resort

Wynn and its partners have also allocated land on Al Marjan Island for a potential second integrated
resort. According to a shareholders’ agreement filed with the US Securities and Exchange
Commission (SEC), the development plots include a “Second Integrated Resort Plot,” a “Janu Plot,”
and a “Luxury Hotel and Apartments Plot,” in addition to a wider “Land Bank.”

The second resort site covers nearly 1.5 million square feet, with land reclamation included. Should a

casino be developed there, Wynn or one of its affiliates would serve as the sole operator. The
agreement also contains a clause preventing Wynn from developing further branded casinos or hotels
in the Gulf Cooperation Council for a decade after the first resort opens, unless partners approve.

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